Active ID: 111204085 Mercado

Flat / apartment for sale in Mercado

3 Bed • 2 Bath • 98 m² • Floor 3

€285,000

AI Analyst
Long-term Rental

"Well-located 3-bedroom apartment in central Alicante, offering solid rental demand due to proximity to Mercado, public transport, and amenities. Renovated building with elevator and terrace enhances tenant appeal, though interior updates may be needed."

Negotiation Leverage Balanced
Value Add Modernize kitchen and bathrooms to increase rental yield
Pros
  • Prime central location near Mercado and transport
  • Building fully renovated with elevator
  • Bright, exterior-facing rooms with terrace
Cons
  • Interior last renovated in 2000—may require updates
  • Third floor may deter some tenants despite elevator
  • Private seller may complicate negotiation process
Description

PRIVATE SELLER SELLS APARTMENT IN THE CENTER OF ALICANTE. AGENCIES, PLEASE REFRAIN. Dwelling located on the 3rd floor with elevator, built in 1954. Building completely renovated and equipped with an elevator. Very bright dwelling next to the Central Market area of Alicante. With a constructed area of 98 square meters. It is distributed as follows: Living-dining room, equipped and separate kitchen with a gallery, 3 bedrooms (1 of them with a balcony) all exterior, as well as 2 full bathrooms, one with a bathtub and the other with a shower. The apartment was renovated in the year 2000 with plumbing and electrical repairs. The dwelling is located close to all services; shops, schools, public transport, Tram, medical center, restaurants, cafes, etc.

Features
Elevator
Terrace/Balcony
Exterior
Investment Summary
Purchase Price €285,000
Taxes (ITP 10%) + €28,500
Notary Fees + €2,394
Registry Fees + €912
Gestoría Fees + €855
Valuation + Other + €339

Total Investment €318,000
Est. Monthly Rent €1,215/mo
Est. Annual Rent €14,581/yr

Est. Yield 4.59%
Days on Market
0
First seen
2026-04-16
View on Idealista